Filo Mining (CVE:FIL) Shares Down 0.1% – Here’s Why

Filo Mining Corp. (CVE:FIL)’s stock price fell 0.1% during mid-day trading on Wednesday . The company traded as low as C$8.70 and last traded at C$8.97. 191,345 shares changed hands during trading, a decline of 14% from the average session volume of 222,999 shares. The stock had previously closed at C$8.98.

Filo Mining Price Performance

The business has a fifty day moving average of C$8.97 and a 200-day moving average of C$8.97. The company has a current ratio of 9.86, a quick ratio of 9.80 and a debt-to-equity ratio of 0.01. The firm has a market cap of C$1.02 billion and a PE ratio of -46.72.

Filo Mining Company Profile

Filo Mining Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in Chile and Argentina. Its flagship property is the Filo del Sol project, a copper, gold, and silver project located along the border of Region III, Chile and San Juan Province, Argentina. The company was incorporated in 2016 and is headquartered in Vancouver, Canada.